Bravetotrade

Bravetotrade Mod Updated 

The stock broke out of a long term resistance near 610 on higher timeframe charts. Overall market correction may push the stock down to retest 610 zone again, which may now act as a support. This zone coincides with the rising channel trendline. I also expect that by the time the stock retests that zone, the 55 EMA will also be there (hand drawn on the chart) to...

Bravetotrade Mod Updated 

We generally talk about breakdown and breakout confirmations. I have tried to present what confirmations actually are and how they are traded. Some traders use indicators for confirmations, but in this post i have discussed confirmations based on price action only. Same strategy can be used for breakouts. Notes on the chart. Hit like/comment for better...

Bravetotrade Mod Updated 

There were two important points which I mentioned in my earlier longer term views on Nifty >> 1) I said that there are good chances that market could reverse from 10036. Why I said that? See the following post >>>> Market extended a little further upto 10137 and everybody knows what happened next. 2) Second point was related to corrections. Market loves...

Bravetotrade Mod Updated 

I did apply the same strategy on 1H chart. Those who followed would have made nice profit. If this strategy works on the 4H chart, the profits could be even better. Manage your trades well. Notes on the chart. Hit Like Trade Safe Thanks Bravetotrade

Bravetotrade Mod Updated 

In my previous post this downtrend was anticipated quite far back See >> Currently price is in the middle of the range (1015-921) specified in the above post, which is also around 61.8% retracement. Expect some pullback from this zone. But this pullback should be weaker and so far it is weak. Watch for price action before shorting. Any impulse on the upside...

Bravetotrade Mod Updated 

Notes on the charts. Hit like if you think this information is useful. Trade Safe, stay healthy Best Regards Afraidtotrade

Bravetotrade Mod Updated 

Notes on the charts. Hit Like. Regards Bravetotrade

Bravetotrade Mod Updated 

Notes on the chart. Hit Like/Comment if you think this information can be useful. Trade Safe Regards Bravetotrade

Bravetotrade Mod Updated 

Pattern---- Bear Flag Zone of interest ---- 116/117 short setup Target --- 113/114 Stop --- As per risk appetite Hit like if this information is useful. Trade safe Regards Bravetotrade

Bravetotrade Mod Updated 

Setup--- Flag Pattern Entry--- Two Zones of interest 1) 1790-1800; or 2) 1810-1820 as per setup shown in the chart. Targets-- 1840; 1850; 1860 Stop---- As per risk appetite Hit like if this information is useful. Trade safe Regards Bravetotrade

Bravetotrade Mod Updated 

Bullish Scenario: The harmonic patterns have put me in cautious mode and keep me so till 10120 is breached on the upside, that would probably give an early signal that the harmonic patterns would fail. Beyond 10120, bulls may be active to achieve 10180-10190 and probably 10220-10230. The Pullback Scenario: If market reverses from 10080-10120 then 10032 would...

Bravetotrade Mod Updated 

Today market opened on strong bearish notes. It took some support in the zone specified in previous post >> Markets never touched the key resistance (10070) mention in above post. The weaker bulls could not sustain the up move, and after a small flag formation it broke down the channel support too and closed on bearish notes. Strategy for tomorrow...

Bravetotrade Mod Updated 

Notes on the chart. Hit like/comment if this information is useful. Trade Safe. Regards Bravetotrade

Bravetotrade Mod Updated 

Stock is trying to build a base at around 335-340 levels, which is also 61.8% of the entire bull run from 243 to 486. So it could be a buy at current levels or on intraday pullbacks, as one likes. The Stop would be below 335. Strategy : 1) The stock bounces from this level -- In this case partial profit would be taken at 362 so that even if the stock reverses...

Bravetotrade Mod Updated 

Do you think the target of 75 would be realistic if it breaks below 140? Please leave a comment to discuss about this head and shoulders pattern. Hit like is this information is useful. Trade Safe. Regards Bravetotrade

Bravetotrade Mod Updated 

Notes on the chart. Hit Like/Comment/Share if you think this information can be useful. Trade Safe Regards Bravetotrade

Bravetotrade Mod Updated 

After achieving the minor target in the opening yesterday, market broke the trend line mentioned in previous post and moved lower to the PSZ mentioned in the chart>> Currently we are right into the support zone and the channel support at 10015-10040. If the market rebounds from this level, 10070 would be the key area to watch out for. Bulls would be little...

Bravetotrade Mod Updated 

Notes on the charts. Hit like / comment if you think these observation can be useful. Trade safe, stay healthy. Best Regards Bravetotrade